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Skills for Competitiveness, Jobs, and Employability in Developing Asia-Pacific

— theme: Productivity and skills
— country: Asia, Pacific
— type: Reports

ADB - 2013. This policy brief is based on presentations and discussions at the ADB International Skills Development Forum in Manila in December 2012. It focuses on skills development for employability and sustainable livelihoods.

Author/Editor
ADB
Publishing Year
2013

The key points of the brief are summarized as follows:

  • "Talent and skills are crucial to competitiveness of industries.
  • Skills development serving clusters of different but interrelated industries can increase efficiency and sectoral competitiveness.
  • Skills credentials developed and endorsed by industry are crucial for successful transition from school to work.
  • Educational institutions should engage industries to jointly develop skills assessment tools which help improve jobreadiness of students.
  • TVET needs to cover broader transferable skills in addition to technical skills. Formal education also needs to foster transferable skills. A longer stay in formal school can help students to acquire general and transferable skills.
  • The rise of technology in manufacturing requires “gray collar” or “knowledge workers”’ for higher value-added products that enable economies to avoid the middle-income trap.
  • Advanced skills are indispensable for a high-productivity economy while medium-skills workers are key for growth of labor-intensive sectors.
  • Developing skills for the services sector is important for Asia to improve competitiveness in knowledge-intensive services such as financial intermediation, computer and information services, legal and technical support, and business services."

 

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